Thursday, May 23, 2024

CRYPTO RISES FROM THE CRYPT

by Royal Rhodes


AI-generated image from Shutterstock


“The Crypto Comeback” —The Daily, May 21, 2024


The bell tolled for cryptocurrencies,
doomed in its sheer insufficiencies.
But halving came
to goose its game
so bitcoin seduces new licensees.

A trial judge had jailed poor Bankman-Fried,
a name that Dickens, I think, would have tried
for a modern-day Scrooge
as a free-market stooge,
giving Wall Street a bullish new pride.

Investors had cried when their gains bid adieu,
so turned to the courts to argue and sue
with tort after tort.
But now a report
says their payback includes all interest accrued.


Royal Rhodes is retired and is grateful for the Social Security safety-net and government regulations.